FOMC Preview: From Three Rate Cuts To Two
FOMC Preview: From Three Rate Cuts To Two Coming just hours after the May CPI print, tomorrow’s – and the month’s – main event is the FOMC decision due at 2pm ET, when the Fed is widely expected to leave rates on hold at 5.25-5.50%, and the statement will likely also largely be reiterated after […]
Korybko: Don’t Read Too Deeply Into Russia’s Naval Visit To The Caribbean
Korybko: Don’t Read Too Deeply Into Russia’s Naval Visit To The Caribbean Authored by Andrew Korybko via Substack, US officials claimed last week that Russia is sending several warships and aircraft to the Caribbean, where they’re expected to visit Cuba and Venezuela once they arrive sometime soon, which Havana then confirmed. This coincided with the further worsening of […]
Trump’s Reluctance To Address Abortion Leaves Pro-Lifers Lukewarm
Trump’s Reluctance To Address Abortion Leaves Pro-Lifers Lukewarm Donald Trump spoke to one of the country’s most fervently anti-abortion groups on Monday, but never said the word “abortion” — leaving the audience lukewarm while underscoring the issue’s dicey election-year dynamics. The Danbury Institute describes itself as “an association of churches, Christians, and organizations aligned to […]
Afghanistan’s Taliban Reports $80 Million In Crude Oil Sales In 10 Days
Afghanistan’s Taliban Reports $80 Million In Crude Oil Sales In 10 Days Authored by Alex Kimani via OilPrice.com, The spokesperson for the Taliban’s Ministry of Mines and Petroleum reported that the group had successfully sold $80 million in crude oil. China’s CAPEIC’s investment of $49 million in Afghanistan has helped boost the country’s daily crude […]
Duke Of Moral Hazard: Biden Agency To Hide Medical Debt From Credit Reports
Duke Of Moral Hazard: Biden Agency To Hide Medical Debt From Credit Reports In a move that can only add risk to the financial system, the Biden administration is proposing a rule which will ban medical debt from credit reports. The rule, announced on Tuesday by Vice President Kamala Harris and Consumer Financial Protection Bureau […]
Orwellian ‘Doublethink’ Has No Place In Sports
Orwellian ‘Doublethink’ Has No Place In Sports Authored by Barbara Kay via The Epoch Times, June 8 was the 75th anniversary of George Orwell’s anti-totalitarian novel, “1984.” Whenever we speak of the state’s encroachment on individual rights, on the role technology plays in manipulating information we receive, or the erosion of privacy rights, the word […]
Philly Mayor Increases Police In Kensington As “Phase 2” Of Clearing Out Open Air Drug Markets Begins
Philly Mayor Increases Police In Kensington As “Phase 2” Of Clearing Out Open Air Drug Markets Begins The more things change in the Kensington area of Philadelphia, the more they appear to stay the same. Police in the drug-riddled Northeast are of the city are now moving to “Phase 2” of their improvement plan for […]
China’s Real Estate Crisis: A New Experiment In State Intervention
China’s Real Estate Crisis: A New Experiment In State Intervention Via SchiffGold.com, The real estate market is responsible for anywhere from 20% to over 30% of China’s GDP (depending on who you ask). And with the latest meltdown that began with the implosion of Evergrande, the situation just keeps getting worse, inspiring a slew of government interventions beyond […]
Admission Of Failure? Democratic Cities Stop Reporting Crime Stats To FBI
Admission Of Failure? Democratic Cities Stop Reporting Crime Stats To FBI The Biden administration’s statisticians at the Bureau of Labor Statistics have painted a rosy economic picture for the job market. Yet, voters know damn well the economy is in a persistent inflation storm sparked by Bidenomics. That’s why President Biden’s reelection odds are sinking by the month. […]
WTI Bounces After API Reports Crude, Gasoline Draw
WTI Bounces After API Reports Crude, Gasoline Draw Oil prices edged higher today as traders anxiously await tomorrow’s CPI and FOMC risk catalysts for any signals on the trajectory of oil demand. “After recent declines, oil prices have room to recover in the short term,” Morgan Stanley analysts including Martijn Rats and Charlotte Firkins said in a note. “Nevertheless, […]